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HISTORICAL FACTS: Bcp s earnings surge to record high - The Untold Story

BCP Bangchak Corporation SET

Okea's operation at Draugen oil field in the southern Norwegian Sea. Higher sales from Okea helped BCP post record earnings.

SET-listed Bangchak Corporation (BCP) posted record-high earnings of 25.8 billion baht last year thanks to the global oil and gas price surge.

The rise in earnings before interest, tax, depreciation and amortisation was driven by revenue from oil refineries and oil trade as well as Norway-based Okea ASA, an oil and gas drilling company that was acquired by BCP several years ago, said Chaiwat Kovavisarach, president and group chief executive.

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